SPAC Update – August 16
– PTHR announced a business combination with Horizon Aircraft
– KCGI stockholders approved deadline extension to Aug 17 2024, 23.1 million shares (83.7%) redeemed, 4.5 million shares remain, NAV $10.64
– FSNB filed DEF14a to extend deadline to Mar 2 2024, vote Aug 30, NAV $10.43, trust account will not be used to cover potential excise tax
– NSTC filed DEF14a to extend deadline to Mar 4 2024, vote Aug 31, NAV $10.43
– NSTD filed DEF14a to extend deadline to Mar 4 2024, vote Aug 31, NAV $10.55
– WEL filed PRER14a for Refreshing USA deal, NAV $10.80
– EFHT extended deadline to Sept 13 2023, added $80k to trust account
– APAC extended deadline to Sept 20 2023, added $60.6k to trust account
– FZT extended deadline to Sept 18 2023, to add $250k to trust account
– PNAC deal vote
– MACA extension vote
– PPYA extension vote
– IFIN redemption
– FSRX redemption
– FGMC redemption